It's from Gary North at the Lew Rockwell blog:
I do not celebrate the fourth of July. This goes back to a term paper I wrote in graduate school. It was on colonial taxation in the British North American colonies in 1775. Not counting local taxation, I discovered that the total burden of British imperial taxation was about 1% of national income. It may have been as high as 2.5% in the southern colonies.
Seabury's argument was not what you might expect. He didn't argue that Americans should be loyal to the king simply out of duty. Instead he argued that the rights of Americans would be better protected under the established English system than under a democracy. Seabury argued that the American government would end up being heavy-handed and oppressive.
On the tax front, however, the Brits have us beat.
So on the whole, it was worth kicking King George out.
But until John Pistole and Janet Napolitano are safely behind bars, you have to grant that North has something of a point.